UBS Seeks New Trial In Sex Bias Case

Law360, New York (May 22, 2007, 12:00 AM EDT) -- One month after a federal jury ordered UBS Financial Services Inc. to pay more than $3.5 million in punitive damages in a sex discrimination lawsuit brought by a former stockbroker, the financial giant has asked for a new trial in the case.

UBS filed its motion for a new trial and supporting documents on May 14, court dockets showed. A company spokesperson on Tuesday confirmed that the motion had been filed, but declined to give any further comment.